Just Energy Group Inc. (JE) dividend is now at 84 cents ok, deal with it

Just to give me an idea of where I am at, I calculate the value of my portfolio the way it was before, with what I had recently transferred over my TFSA. And it make an amount of $126 709. Back in January, I was at $128 170.36, a difference of -$1 461.36. This is in result of Just Energy Group Inc. (JE), my precious darling, who had loss more than $1 per share this past Friday. The difference is not about to last for long as I have at my disposal a brand new $1 580 to invest.

I had been a long time investor of Just Energy Group Inc. (JE). I love their business and I like the story of Rebecca MacDonald. I have Just Energy in my portfolio since 2009. Between 2009 and today, the dividend distribution had been $1.24 annually. It takes the hell of a great business to be able to distribute that much to its investors. That had been my reality with Just Energy Group Inc. (JE) for the past 4 years. I even received a special dividend distribution from Just Energy Group Inc. (JE). I can remember one time. Just Energy business is lucrative. I appreciate the efforts coming from the company to diversify themselves and also to gain customers in the US and the UK. But all those fabulous projects cost a lot of money. 

I have appreciated Just Energy Group Inc. (JE) in the past 4 years and I will probably continue with the same behavior in the years to come. Rebecca MacDonald announced that the annual dividend distribution have been reduced to $0.84 per year. That’s a difference of 40 cents. I applaud the decision. Just Energy has the responsibility to plan its future and reducing its dividend distribution allows the company to expand and plan a brilliant future. It will be Rebecca MacDonald heritage to Canada. She will behind a company who has the capacity to generate income. Of course, it’s not all investors that care as much as I do about Just Energy Group Inc. (JE). It’s not all investors who have the capacity to read over the dividend decreased. 

One commentator on this blog left a comment that Just Energy was like Yellow Pages. Well, you cannot compare the 2. Yellow Pages never had the ability to diversify itself, but Just Energy has that ability to build projects and diversified its own business by successful takeovers. Not to forget that Yellow Pages industry is base in Quebec. There are not too many success stories in Quebec when it come to business. I believe that the intelligence of Rebecca MacDonald will offer a great future for Just Energy. 

I had been investing since 2008 and now I am very closed of getting my hands on a net worth of 100k. And trust me, it shouldn’t be that way. I am from a small town in New Brunswick were businesses are poor and there’s not great money to be made. I am the typical middle class profile hot country girl. But I have my thousands and thousands buck no matter what. Why? I am not of a specialize profession; I am not a nurse, or an accountant. But this being said, I am not a prostitute or a sexy escort. I am the girl next girl who’s the Beauty Queen Next Door.

It’s possible to save a great deal of money even while living on a typical middle class salary. I thing I am the living proof of it. The quality of being able to save money is something that you have or you don’t have. It’s something that can be learn, but it’s not something that can be easily teach. Trust me, I have try it with my bro and a good friend of mine.

What make it impossible for those two people that I love and cherish to save money? Well, they cannot see belong. They cannot understand how little things can make them win big on the long run.

And this is exactly what’s going on with Just Energy. Investors have to get the big pictures. But it’s not everyone who has the intelligence to do so.

I am not saying that my bro and my friend are not intelligent, but something is missing. It was completely horrible for me at a point to be with my friend. While at the shopping mall, she was buying all those clothes. Everything she wanted and was pretty, she would buy it. She had the money, she’s in the Canadian army and had been in since her young twenties. By now, if she would have save some cash, she would be very rich by now. When I last saw her, she didn’t have much in the bank. I even once borrowed her $500 for her not be late on her car payment. I got my money back, but she never been able to go over it, just enjoy her money while it lay in the bank. I haven’t heard of her in many years now. But it’s my fault, I cannot stand her spending habit. And I don’t want be around when she’ll need more money.

The ability to save money is what will elevate you from the other dumb ass. A dollar save is a dollar that is keeping you away from your boss. No one should have authority over you and the only way to gain financial freedom is to save every penny you can and invest every penny you can. Where? On the TMX. Canadian cash need to remain in the Canadian market.

Now could be a good time to invest in Just Energy and I am extremely tempt to invest 1k in Just Energy and see how it goes. A 1k investment in Just Energy will provide me $100 annually. Does it worth it? Hmmmm.... We are going to talk again about it.

My portfolio is very funky. Since 2008, I invested in many stocks, buy, sell, and buy, sell over and over again. I have that very great dividend income. In other words, I am very great. The most important thing that I learn and continue to apply is not too invest too much in the same company. That is the life savor rule of all. Now, there’s a diversified portfolio and there’s a too much diversified portfolio. My portfolio could be seen as being too diversified. The only problem being there’s so many great opportunity and companies out there.... My military friend is into clothes (was, but still might be) and I, gentlemen, am into stocks purchase and stocks sell, and dividend, and special dividend distribution.... See what I mean.

There’s nothing money can’t buy and money have buy my happiness. No big deal, I am just close to the 100k net worth. But where I come from, a 100k worth a million bucks. Or something like it. It kill me when I seen people buying a condo or worst, a condo in Vancouver or much worst... a house... and spending thousands and thousands of dollars in the purchase of a condo or house... I mean, after that, you have to spend the rest of your life working just to ensure you can pay for everything. That’s a capital slavery made to ensure you remain a slave to your boss. Nothing will bring in financial freedom if money is spend where it shouldn’t. Trust me, you want to be free and independent. That is what money is for, to become free of your choices and your life. I want to be free to go to New Brunswick whenever I want. I want to be free to scream F@UCK YOU to the business who made me stay in for 4 months this summer without the right of having any vacation days. I want the right to have the life I want and I am almost there. I want revenge. I am like Sylvester Stallone in his latest movie A Bullet in the Head. I ADORE Sylvester Stallone. I saw A Bullet in the Head yesterday - it was very great, in the Western Louisiana sexy scene. Christian Slater is playing in the movie. Go see A Bullet in the Head and get the taste of sweet revenge in your mouth. DELICIOUS ;)

To dumers who are saying bad things on Just Energy, shame on you. I don’t think you have what it take to build a million dollars, billion even, like Rebecca MacDonald did. You have to see belong.

Getting more shares of Just Energy could not be the best idea of all time. Problem being, I already invested thousands and thousands in this company. But what is currently invested in Just Energy WILL remain in Just Energy.

At this time, I need to focus on stuff that will bring me to prosperity like Black Diamond Group Ltd (BDI) and Derek Foster are doing for me at this present time. Do I understand what the stock market is all about? It’s about money and passion.

For those of you who knows the buddy, I received something coming from the mountain lion hero man. Stay tune.

You know that bitches don't like you when they acted like this

I am slowly getting organize. My problem is my crazy work schedule, there's no way to get around it. I got my investment transferred over my TFSA. The investments are there. So next time I published an update of my investment portfolio, you'll see much more stuff inside my TFSA. These days, KEG.UN decided to perform very well. So this is giving me the opportunity to have the stock transferred over before it hit even bigger in value. I am really that smart!!!! Gees.......... Could that be very true????

Anyway, true or nor, I had found the true colors of my Montreal employer today. Back in May 2012, I accepted a contract for the period of May to September 2012. At the end of the contract, I was promised a $500 bonus if I wouldn't miss a day of work during that period. I didn't miss a day of work and I worked all summer long. Following what, shortly before the term of the contract, I was offer a permanent position. And what happen is that just yesterday, I asked them about the $500 bonus, saying it was never paid to me and I asked if it will be paid. Well, the human resources guy did not answer me, but the Vice President did. And she answered me that she had explained to me when I signed the permanent contract that the $500 wouldn't be paid because it was something giving as a "leaving bonus". But she never did so. We only signed the contract for the permanent job, but nothing had been said during that meeting about my $500 bonus. I was pretty insulted today and i will do all I can to find another job.

Imagine this: you spend 4 months at a job, learning the place, replacing each and anyone going on vacations, you don't have the right yourself to go even not one day in vacation and at the end of the contract period, or when it supposed to be end, you cannot even get the bonus you had been promised.

Quebeckers are liars and cheaters and I got another living proof of that today. They have to lie to cover their terrible moves. I am not a liar, I am not a cheater and I have a very good memory. I remember my meeting with the Vice-President for the signature of my permanent position perfectly well and nothing have been said about the $500 bonus.

The job is very hard and not allowing an employee, even a contractual one, to take any vacation at all during 4 long months without giving anything back in return, well, its pretty much inhuman. Its giving me a real sense of the poor quality of the people I am directly dealing with.

And don't ever thing it will end this way. I want their supervisors to find out about this and I am ready to but some shit in.

I never been happy in Quebec and now has come the time to leave but before, let's burn them down.

Welcome in my non-registered portfolio Cineplex Inc. (CGX)

Monday is the first day of the week and really suck like most of the time but I decided anyway to do a few moves on my sexy portfolio. Even in a Monday mood.

First, just like announced previously, I sold out a few stocks of Student Transportation (STB). I sold 114 shares at $6.47 (100) and $6.46 (14). I hold almost the double of that amount of STB stocks. I felt it was better for me to reduce my position in STB. Not because STB is a bad stock, but because I wanted to diversify my assets and also reduced my position in this small cap. The economy is not about to get real better anytime soon and I prefer to stick to stuff that I know will be able to support my margin value during recession-depression time.

So during that time, I am trying to be smart and play hard. I am getting ready for a catastrophic stock market conditions and a laid off. I am getting ready for the worst time of my life. So I happily partly sell off my investment in Student Transportation and I bought some Cineplex Inc. (CGX) stocks.

Today, I also call in TD Waterhouse (I unfortunately have to deal with a girl broker, which make my Monday worst - I was expecting a sexy male broker voice) to get my investment in Keg Royalties Income Fund (KEG.UN), Healthlease Properties Real Estate Investment Trust (HLP.UN) and Sprott Strategic Fixed Income Fund (SFI.UN) transferred over my TFSA. Inside my TFSA, the dividend earned from those investment will be free of tax. The dividend distributes by HLP.UN, KEG.UN and SFI.UN are not pure because they are .UN companies. So for that specific reason, I decided it was about time to do something about it. And not to forget that the money transferred in a TFSA can be withdraw at anytime in case of need. The rules are not as restricted as for the RRSP. Jim Flaherty may be an alcoholic, but he has pleased many investors with the launched of the TFSA. I still have left contribution room in my TFSA. I may slowly transfer over some other investments who have a low loan value for my margin. It will be difficult to find other stuff to transfer over my TFSA because most of holding own hundreds if not thousands in margin loan value.

In the immediate time, Data Group Inc. (DGI) doesn't have a loan value. Between you and me, its quite a bad sign. Friendly advice: don't invest in Data Group Inc. (DGI). So basically, I could transferred my investment in Data Group Inc. (DGI) over my TFSA and it will have no effect on my margin value.

Another investment that I could currently transferred over my TFSA (I should had joint that one to the list of today actually) is a Gordon Pape stock: Firm Capital Mortgage Investment Corporation (FC). That one has a loan value of just a bit more than a 100 bucks in my portfolio and the gain made on the investment is not much, just a $36. Which mean I won't have a fortune to pay on capital gain when I transferred that one in my TFSA. The best of all is to actually transferred real fresh cash (not coming from the margin for once) over the TFSA and AFTER shoot in cool crazy stocks. At this time, the challenge of my life is to take control over my expenses, stop eating like if I am pregnant without being and to stay away from junk stocks. And junk food too. Can I do that, do you think? (And now, gentlemen, just close your eyes and imagine me naked on the beach).

Got ya.

My non-registered portfolio is now at $127 297.59, with a margin left of $18 210. Enough to go shopping.

Who are you Eugene Kaspersky?

I hit big in January for my dividend income in January with a nice $783.09. This is enough to cover half the cost for my living expenses, which is about $1 500 a month. I also earned a $123 from online for the month of January. The little amounts of money adding up, making it easier to save cash to invest even more. I received my first freelance assignment for 2013. I have to move faster because it’s already February and I haven’t try anything new regarding my freelance activities. I even haven’t try on getting a new something to work on.

For 2013, something I really want to work on is to be able to cover my living expenses with my dividend + freelance + online cash. It shouldn’t be too much difficult for me to reach this goal, especially now that my dividend now represents an interesting source of income. As for the online income, I have my blog and my HubPages articles. Now that I got rid of my winter flue and full of my usual energy, I am ready to push it a bit further. While getting ready, I am watching the beautiful stocks of my very wonderful portfolio.

Student Transportation (STB) is a stock that I had been holding for 2 years. I have invested a bit more than $1 300 in STB. The company value seems to be stable for now, but I prefer to secure my position while I can. Right now, I am doing a profit on STB, small, but still a profit. It’s a good time for me to do a move on the stock. I don’t feel comfortable with the amount currently invested in STB. I plan to partly sell my holding in Student Transportation (STB) and reinvest the money in something else.

Lately, I have been interesting in the following:

Cervus Equipment Corporation (CVL): a stock from Jean-François Tardif, the love of mine I began to have enough of.

Cineplex Inc. (CGX): a stock I had been thinking of investing in for a little while).

RioCan Real Estate Investment Trust (REI.UN): a more recent investment that catch my interest after reading about it on the Globe and Mail.

I am thinking of holding a bit of Cineplex Inc. (CGX), so it’s probably where the money will be added on sometime next week.

I don’t plan to sell my holding in JFT Strategies Fund (JFS.UN) for now. It’s just that I was hoping for quick big cash on the investment. For now, the situation is not catastrophic. Jean-François Tardif had come with some real good stocks like Healthlease Properties Real Estate Investment Trust (HLP.UN) and Cervus Equipment Corporation (CVL). JFS.UN units are trading at close to $10. I got my units at $10 each during the public offering. Patience is a virtue that I kind of have and lose sometime. Right now, between me and Jean-François Tardif, it’s tough love. I made a great profit on Healthlease Properties Real Estate Investment Trust (HLP.UN). I had been holding HLP.UN in my portfolio since October 2012.

My margin value is at more than 18k. In my portfolio, HLP.UN has a loan value of less than $300. I was thinking of transferring my HLP.UN units to my TFSA. I plan on doing so for Keg Royalties Income Fund (KEG.UN) and Sprott Strategic Fixed Income Fund (SFI.UN). All together, those investments have a loan value of something like $500. So what I plan to do is to transfer those inside my TFSA and add a $500 in cash to my margin account to compensate.

I don’t have much invested in my TFSA and I want to fix that.

I could even transfer my JFT Strategies Fund (JFS.UN) over my TFSA. Now could be a good timing because right now, I am not making a profit on JFS.UN. From my understanding, when you take a non-registered investment and transfer it to TFSA or RRSP, if you have made money on the investment since you had been holding it, you are going to have a capital gain that will be apply on the transfer. See what I mean?

Ok, let say that I had invested $500 on XYZ Inc. company and that now that same investment worth $1 000. If I want to now transfer XYZ Inc. in my TFSA, I will have a $500 capital gain to declared, on which I will be tax.

Right now, the profit made on KEG.UN and HLP.UN is not enormous. And on SFI.UN, I am not on a capital gain, but on a capital loss of a couple dollars. Now is the perfect timing to consider the TFSA. I will make my move soon.

My antivirus has expired. On my laptop, I had McFee, but I didn’t like it, I find it too heavy for my machine. I used to have Kaspersky Lab on my previous laptop and it worked very well. I usually buy my antivirus during Boxing Day but this year, I was on vacation in New Brunswick and the need to purchase an antivirus got out of my mind. My McFee licence got expired this week. Surfing the Web without an antivirus can be very dangerous – I know that at least. So today, I purchased my antivirus. I purchased it full price, $59.99 for one year. I didn’t have any choice.

While opening the CD box of Kaspersky Lab, I saw the picture of Eugene Kaspersky, the co-founder of Kaspersky Lab and the man caught my attention. A sexy Russian guy. His son got kidnapped in 2011, but he was found and released with no injuries. I found Eugene Kaspersky quite interesting. Now you know about him.

What the JFT Strategies Fund (JFS.UN) is doing in my portfolio anyway?

I am usually never sick but the cold weather of the last couple of days in Montreal left me sick. The worst was to have the feeling of not having enough sleep while I just wake up... After spending the whole weekend pretty much in bed, I am back on my feet. Sick or not, this weekend, I really wanted to update my portfolio and I did. My investment portfolio is now at $173 069.55. My net worth increased to 95k, making it very closed to the famous 100k. I have a bit more in savings than usual because of the paycheck that came in this week. I just cannot believe February is hitting on.

There is a temporary system problem. Please contact your local TD Waterhouse office for assistance.

Too bad, we’ll never going to know the value of my portfolio on this beautiful sucking MONDAY. I just had 2 days for me and I had to spend it half death in my bed. It hasn’t been a really nice weekend. Life is sometime really hard. I might have received some other juicy dividend distribution, but I will have to wait until tomorrow I guess to find out.

I was looking carefully at my non-registered portfolio when I came to the following conclusion: I have like a close 5k investment value in my non-registered portfolio that is not providing any juice at all. In my portfolio, First Majestic Silver Corp (FR) and JFT Strategies Fund (JFS.UN) are just laying there doing nothing for my business if you know what I mean. Luckily, I had partly sold my holding in First Majestic Silver Corp (FR) a couple of months ago. Mining companies can be hard to hold. 

And FR is among them. Right now, FR is trading the below $18. FR is actually basically at the same value of the time of my initial purchase... It’s not fun of course, but I hope FR will get back on track soon.

I was holding FR hoping to make a bunch of money on the title. Unfortunately for me, the very evil Eric Sprott himself is an investor of FR. Is it because of Eric Sprott that First Majestic Silver Corp is falling apart? Who’s to blame?

In this case, FR doesn’t pay any dividend and is now doing absolutely nothing good in my portfolio.

As for JFT Strategies Fund (JFS.UN), the story is even worst. I had made some good cash by trading FR in the past. But on JFT Strategies Fund (JFS.UN), I never made one damn cent. I had been holding on JFT Strategies Fund (JFS.UN) since its public offering. I was quite excited to hold something being manage by Jean-François Tardif himself, ex-hedge fund manager at Sprott Asset Management.

And guess what happen?

NOTHING. Nothing happen! The fund never went over the $10 per share. Since its opening, I never been able to make money on the JFT Strategies Fund (JFS.UN). I was expecting Jean-François Tardif to deliver, but he didn’t. The man is blaming the stock market that is not the same as when he was in his golden years with Sprott in 2008-2009.

I wanted something magical to happen, I was expecting to get rich on the JFT Strategies Fund (JFS.UN) and NOTHING HAPPEN. And it’s pissing me off. How long will I have to wait before Jean-François Tardif started delivering again?

So here am I with a couple thousands in my portfolio. That money is not doing anything for me at the present time. What should I do? I think the only thing left to do is to pray God and the angels to HELP me. I won’t let this happen without doing anything. I have enough of FR but I certainly have more than enough of the Jean-François Tardif who turns himself into a manager who likes to fool us with his fund. ENOUGH. I have enough.

My investment portfolio on date of January 26, 2013

Savings: $1 121.76

Non registered Investments:
Stocks and Units investment portfolio $CAN
Sprott Inc. (SII): $4 235.30
Timminco (TIMNF): $0.20
Blue Note Mining (BNT): $6
Bank of Nova Scotia (BNS): $6 432.80
Hanwei Energy Services (HE): $25.50
Methanex Corporation (MX): $3 646.20
Fortis Inc. (FTS): $3 744.15
Pembina Pipeline Corporation (PPL): $13 522.74
Just Energy Group Inc. (JE): $8 195.17
Pengrowth Energy Corporation (PGF): $1 069.50
Enbridge Income Fund Holdings Inc. (ENF): $8 662.94
Corby Distilleries Limited (CDL.A): $2 139
Davis + Henderson Corporation (DH): $4 715.28
Premium Brands Holdings Corporation (PBH): $7 730.35
EnCana Corporation (ECA): $4 099.68
iShares S&P/TSX Capped REIT Index (XRE): $2 650.34

Horizons Gold Yield Fund (HGY): $1 842.30
Canfor Pulp Products Inc. (CFX): $1 080
New Flyer Industries Inc. (NFI): $2 061.28
Exchange Income Corporation (EIF): $9 005.76
Rogers Sugar Inc. (RSI): $578.55
Student Transportation (STB): $1 393.14
Colabor Group Inc. (GCL): $869.04
TMX Group Inc. (X): $423.28
Data Group Inc. (DGI): $1 479.76
K-Bro Linen Inc. (KBL): $3 000
Westshore Terminals Invest Corp (WTE): $5 714.04
Westernone Inc. (WEQ): $3 328.80
Atlantic Power Corp (ATP): $2 963.35
First Majestic Silver Corp (FR): $1 752
Kinross Gold Corp (K): $1 292.56
TransCanada Corp (TRP): $1 218.75
Canadian National Railway Co (CNR): $3 822
Firm Capital Mortgage Investment Corporation (FC): $558
Sprott Strategic Fixed Income Fund (SFI.UN): $441
Enbridge Inc. (ENB): $1 236.76
Agrium Inc. (AGU): $2 998.84
Canadian Utilities Limited (CU): $1 570.80
Veresen Inc. (VSN): $842.82
Chorus Aviation Inc. (CHR.B): $669.24

Crescent Point Energy Corp (CPG): $869.44
JFT Strategies Fund (JFS.UN): $1 930
Keg Royalties Income Fund (KEG.UN): $744

Geovencap Inc. (GOV): $1

Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 124

Bombardier Inc. (BBD.B): $518.70

Heroux-Devtek Inc. (HRX): $517

Black Diamond Group Ltd (BDI): $545

Emera Inc. (EMA): $904

TOTAL: $128 170.36

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 943.66
Cash: $4.12

TOTAL: $1 947.78

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $26.16
Dumont Nickel Inc. (DNI): $546.25
Sprott Physical Silver Trust UTS (PHS.U): $2 544.46
Cash: $5.60

TOTAL: $3 122.47

RSP investment portfolio:
Sprott Canadian Equity Fund: $4 706.08
Claymore Gold Bullion ETF (CGL): $5 009.16
EnCana Corporation (ECA): $2 030.13
Emera Incorporated (EMA): $8 027.52
Sprott Physical Silver Trust UTS (PHS.U): $848.15
Cash: $6 044.95

CIBC Dividend Growth Fund: $600.08
CIBC Emerging Markets Index Fund: $334.85
CIBC Monthly Income Fund: $1 072.03

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.06

GIC National Bank: $1 227.70
GIC Plus TD: $500

Maritime Life International Equity Fund
(Templeton): $584.15
Manulife Simplicity Growth Portfolio: $937.51
Maritime Life CI Harbour Seg Fund: $1 111.75
Maritime Life Fidelity True North Seg Fund: $1 076.23
Manulife GIF MLIA B World Invest: $725.47

Great-West – various: $1 957.04
Various other mutual funds: $675

TOTAL: $38 547.16

Social Capital at Desjardins Membership share: $40

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($120.02):
$173 069.55